---
title: "Xinxing Ductile Iron Pipes Co.,Ltd. (000778.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/000778.SZ.md"
symbol: "000778.SZ"
name: "Xinxing Ductile Iron Pipes Co.,Ltd."
industry: "Steel"
datetime: "2026-05-20T12:40:55.507Z"
locales:
  - [en](https://longbridge.com/en/quote/000778.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000778.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000778.SZ.md)
---

# Xinxing Ductile Iron Pipes Co.,Ltd. (000778.SZ)

## Company Overview

Xinxing Ductile Iron Pipes Co., Ltd., together with its subsidiaries, provides cast iron pipes and steel in China and internationally. The company offers hot-rolled ribbed steel bars, cold-heading steel, gear steel, tool and die steel, and axle steel; ductile iron pipe fittings for various interface types and pressure ratings; and steel-plastic composite pipes, special steel pipes, stainless steel pipes, and fittings. It also provides seamless steel pipe products, such as bimetallic composite pipes and high-alloy steel pipes, as well as special profiles; railings, ladder beams, and light steel structural components; steel gratings; energy storage products; urban water and environmental protection solutions; logistics services; environmental testing; automotive parts and accessories; enterprise management consulting; and technical services. In addition, the company is involved in the casting business; power generation; commercial factoring; mining investment; wholesale of other machinery and electronic products; and real estate business.

| Item | Detail |
|------|--------|
| Industry | Steel |
| Exchange | CN Market |
| Website | [www.xinxing-pipes.com](https://www.xinxing-pipes.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: B (0.39)**

**Industry**: Steel

| Metric | Value |
|--------|-------|
| Industry Ranking | 5 / 85 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 8.69% |  |
| Net Profit YoY | 654.43% |  |
| P/B Ratio | 0.64 |  |
| Dividend Ratio | 0.46% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 17111698278.68 |  |
| Revenue | 38592192773.15 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.86% | C |
| Profit Margin | 2.61% | C |
| Gross Margin | 6.38% | E |
| Revenue YoY | 8.69% | B |
| Net Profit YoY | 654.43% | A |
| Total Assets YoY | -6.39% | D |
| Net Assets YoY | 2.92% | C |
| Cash Flow Margin | 501.77% | A |
| OCF YoY | 8.69% | B |
| Turnover | 0.72 | B |
| Gearing Ratio | 43.78% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Xinxing Ductile Iron Pipes Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "8.69%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "654.43%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "0.64",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.46%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "17111698278.68",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "38592192773.15",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.86%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "2.61%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "6.38%",
          "rating": "E"
        },
        {
          "name": "Revenue YoY",
          "value": "8.69%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "654.43%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "-6.39%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.92%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "501.77%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "8.69%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.72",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "43.78%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 16.76 | 10/85 | 107.37 | 51.68 | 42.59 |
| PB | 0.63 | 10/85 | 0.69 | 0.62 | 0.58 |
| PS (TTM) | 0.44 | 22/85 | 0.50 | 0.45 | 0.42 |
| Dividend Yield | 0.47% | 37/85 | 0.54% | 0.49% | 0.43% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Baosteel (600019.SH) | C | C | B | B | B | B |
| 02 | YONGXING MATERIALS (002756.SZ) | B | C | C | A | C | B |
| 03 | ETS (002545.SZ) | B | A | C | B | B | B |
| 04 | JIULI Hi-tech (002318.SZ) | B | D | B | B | C | B |
| 05 | XINXING PIPES (000778.SZ) | C | B | B | C | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-27T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Overweight | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 4.26 |
| Highest Target | 5.08 |
| Lowest Target | 5.08 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/000778.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/000778.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/000778.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/000778.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**